ORLANDO, Fla. \u2014\u00a0As gas prices continue to rise across the state, it is impacting all kinds of drivers \u2014 including those who run a business on wheels.<\/p>\n
What You Need To Know<\/p>\n
Gas prices are costing Central Florida drivers nearly $4\/gallon
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The prices are concerning for food truck owners who regularly need to fill their tanks
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A financial expert says the changes are immediate, therefore businesses will feel the extra costs right away<\/p>\n
Some food truck owners in Orlando say they are worried prices will continue to get higher.<\/p>\n
Jason Hoffman, who operates Big J\u2019s Dogs, says he is paying about $10 more in gas, plus the cost of propane to run the truck.<\/p>\n
\u201cI spend probably 40 to 50 [dollars] a week on the car in gas,\u201d said Hoffman. \u201cAnd then propane, probably 30 bucks a week.\u201d<\/p>\n
It is about 15 miles round-trip for Hoffman to transport the food truck to and from his house every day. As a business owner, he believes these costs add up.<\/p>\n
\u201cI\u2019d imagine the cost of everything will increase slowly, you know,\u201d said Hoffman.<\/p>\n
Michael Kennedy owns Southern Style Barbeque. He is expecting to pay more this weekend since he will be running the generator at a food festival.<\/p>\n
\u201cIt should cost me anywhere between $350 to $400,\u201d said Kennedy.<\/p>\n
The cost includes transportation and running the equipment. Kennedy says he is paying 80 percent more in gas than what he used to pay a few months ago. However, it is the price he is willing to pay to keep his business alive.<\/p>\n
\u201cYou gotta love it cause if you don\u2019t love to do this and you try to just jump into this, you\u2019re not going to make it,\u201d said Kennedy.<\/p>\n
Financial expert Christopher Dixon, co-founder of Oxford Advisory Group, recommends business owners make adjustments for those extra costs.<\/p>\n
\u201cSmall businesses in Central Florida definitely will be impacted, and because it\u2019s so immediate, a lot of times (they) will not even have enough time to pass on those additional costs to the consumer. The business just has to deal with it and eat it,\u201d said Dixon.<\/p>\n
Business owners also worry that the rising cost means customers are cutting back on spending.<\/p>\n
According to AAA, different counties in Central Florida are paying nearly $4 per gallon. The national average is $3.88, while Florida averages $3.95.<\/p>\n","protected":false},"excerpt":{"rendered":"ORLANDO, Fla. \u2014\u00a0As gas prices continue to rise across the state, it is impacting all kinds of drivers…\n","protected":false},"author":2,"featured_media":198337,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[2031,558,1015,2159,115,1335,139,141,140,14104],"class_list":["post-198336","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-app-local-business","tag-business","tag-emma-delamo","tag-money","tag-news","tag-orange-county","tag-orlando","tag-orlando-headlines","tag-orlando-news","tag-topic-latest-local-business-stories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/198336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=198336"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/198336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/198337"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=198336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=198336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=198336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}